If you decide to hire a PM, He is your best choice and does a fantastic job.Be prepared to spend roughly $250-400 a sqft for a turnkey rental that is allowed to retain its Air BnB status.

From memory (I may be missing one) I attended the retaining wall/historic site SFR flip (seemed like a potential homerun but I saw it took longer than projected but I do not know why), the add granny flat flip, the PB modified BRRR (Sarah's), and the new construction SFRs by the freeway.  

The boats would be out of the water and the rents on the slips would likely disappear for several months, unless someone decided to retain the slip for 'next spring' - - that's a BIG reservation fee!

The attorney I retained says those requirements don't apply to HECM.

There are some protocols that people observe, i.e. such as not parking on the street in front of other people's homes even though its technically a public street.

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

Common fees will include a set-up fee, leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.

For example; if I had a client who did not have $7,822.33 in their bank account and could not afford to meet his obligations to fix up his property, to the point where an existing tenant sued him as well as my company as his property manager at the time the unit was unfit I would have to drop that client as well as retain any money left in that client's escrow account until my company was able to be pulled off of his lawsuit.

Ellis your response in particular expands beyond mere prose   wandering perilously close to the realm of literature, something one might have expected to read in a short story or essay :)   You are surely right in the observation that the fairness of the terms of a deal is always shaped and conditioned by whichever  side of the table one is sitting on.  

Id say St Thomas or St John would be better in terms of location, ease of transportation among the USVI (A few tidbits I observed and noted: The HOAs (fee seems to range 200-500) may not be so bad an idea for a more hands off approach unless, you plan on managing the property yourself; most of the 3/2s I saw were other vacation rentals, not so many in the way of residences for locals; cost of ownership increases much higher in the long run after running the numbers on a few existing rentals due to stamp tax, increasing insurance costs, specifically the hazard insurance (CBS homes have lower premiums); replacement costs for wear and tear due to the salt water…etc.